v3.25.1
Leases
3 Months Ended
Mar. 31, 2025
Leases [Abstract]  
Leases

NOTE 11. Leases

The Company maintains leased offices in the United States of America, United Kingdom, India, Belgium and France.

The balance for right-to-use assets and lease liabilities are as follows:

 

 

 

As of March 31, 2025

 

 

As of December 31, 2024

 

Operating Leases

 

 

 

 

 

 

Right-to-use assets - operating leases, net

 

$

9,524

 

 

$

8,806

 

Current portion of long-term operating lease liabilities*

 

$

4,092

 

 

$

3,631

 

Long-term operating lease liabilities*

 

$

7,339

 

 

$

7,139

 

 

* Current portion of long-term operating lease liabilities and long-term operating lease liabilities are included in other current liabilities and other non-current liabilities, respectively, in the condensed unaudited consolidated balance sheets.

Minimum lease obligations - future minimum payments under all operating leases (including leases with a duration of one year or less) as of March 31, 2025 are as follows:

 

Year ended December 31,

 

 

 

Remainder of 2025

 

$

3,731

 

2026

 

 

3,214

 

2027

 

 

2,937

 

2028

 

 

2,388

 

2029

 

 

397

 

2030 and thereafter

 

 

 

Total undiscounted lease commitments

 

$

12,667

 

Less: Imputed interest

 

 

(1,236

)

Total discounted operating lease liabilities

 

$

11,431